Emerging markets
US Treasury declines to brand China a currency manipulator
In its second report on FX policies since Donald Trump took office, the US Treasury only criticises China, despite campaign promise
Renminbi payments lag Canadian dollar
China's currency loses fifth place as overall share shrinks again – Swift
Bank of China HK signs up for Thomson Reuters FX Trading
FXall and Electronic Trading are now available on Thomson Reuters’ desktop platform, created in 2015
SGX sees 75% of listed CNH futures volume, Lam says
Singapore Exchange boasts 200% growth year-on-year in renminbi in August; hits two consecutive records for Indian rupee in September
Hadingham swaps Societe Generale for Nomura
SocGen's former co-head of real money sales for Northern Europe is set to join the Japanese bank next year
TraderTools adds RMB and MXN to EM liquidity pool
The platform provider has launched 16 currency pairs in its Unique Liquidity Network in the last six months
Renminbi’s share of global payments rises slightly in July
China's currency retakes fifth place, but its overall share shrinks again, Swift says
Trade barriers could see RMB weaken in retaliation – panellists
China dealt with unpredictability of US administration by letting RMB appreciate, but a trade barrier could reverse this trend
IMF warns China over limited progress on reform
Fund notes the challenges posed by the “impossible trinity” are becoming apparent and need to be addressed
ING launches EM-USD indices on Bloomberg
The indices are tradeable benchmarks covering 12 emerging market currencies
Managers selective on EM in event of Fed policy mistake
Instead of investing in the whole complex, managers prefer emerging economies with a strong balance sheet
Renminbi's share of payments rises slightly in May
China’s currency regains position as sixth most used currency for global payments in May, with 1.61% share – Swift data
EBS hires D’Souza for India
Jaison D’Souza joins from FXall and will report to Patrick Nagel, global head of buy-side sales
Investors’ taste for EM depends on central bank actions – ABN Amro
How major central banks undertake monetary policies will determine whether some emerging market currencies can thrive
Sapir heads up liquidity management at TraderTools
Moti Sapir’s promotion makes him responsible for all of the firm’s bank and non-bank liquidity provider relationships
Nomura and options trader Jason Pealy part ways
It is understood the bank let him go in May
China tweaks the fix
CFETS announces intent to introduce a countercyclical adjustment factor to the USD/CNY pricing mechanism
Bank of China HK to provide liquidity on EBS Direct
The addition will provide deeper liquidity and more transparency in CNH, already a top-three currency on the venue
Renminbi’s share of global payments slips behind Swiss franc
Decline in the Chinese currency’s internationalisation continues as it loses its ranking of sixth place globally – Swift
Molly Duffy moves to Standard Chartered as head of sales
Duffy, who was previously at Credit Suisse, will also serve as co-head of financial markets in the Americas
INTL FCStone launches cross-border payments intelligence portal
Global Payments Network aims to give clients actionable news and analysis from local markets
London retains top spot for offshore renminbi trading
The capital continues to dominate, despite the Chinese currency's overall share of payments shrinking, Swift says
Spot volumes rise in March
Secondary venues see robust volumes; primary platforms also tick higher
EBS BrokerTec restructures; four management appointments
With a focus on seven core areas, the firm recruits Tim Cartledge as global head of FX and head of product